Assignment Directions: Google search images and find the graphs for a monopoly and a regulated natural monopoly. To earn full credit your graphs must include the following: 1. The average fixed cost curve will never intersect with either the horizontal or vertical axis. 2. There must be proper positioning of the Average Total Cost curve and Average Variable Cost curve. 3. The Average Total Cost curve and Average Variable Cost curve must not touch (in between 1s average fixed costs which can never be zero). 4. The Marginal Cost Curve is shaped like a Nike swoosh. 5. The Marginal Cost Curve crosses the Average Total Cost curve and Average Variable Cost curves at the lowest point. 6. Show the area of economic profit for a monopolist 7. Show where a natural monopolist prices